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Jan 14, 2013
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the president said he wants to make it clear that raising the debt ceiling will not raise -- he warned that if congressional republicans fail to approve legislation to pay america's bills on time, everything from social security checks to veterans benefits could be delayed. >> last time they flirted with this delay our aaa credit rating was downgraded. our business have created the fewest jobs of any month in the past three years. and ironically the whole fiasco actually haded to the deaf -- actually added to the deficit. >> reporter: president obama is reviewing a list of proposals from joe biden about how to reduce gun violence. the two met earlier today to go over the vice president's recommendations over how to tighten tougher gun laws. among the proposals under consideration are a ban on assault weapons and high capacity ammunition clips. here in the bay area gun buy back is scheduled for tomorrow in marin city. the event offers gun owners $200 to turn in their semi automat weapons. and $100 for other guns. the guns can be brought to police stations in novato, san rafael, and poin
the president said he wants to make it clear that raising the debt ceiling will not raise -- he warned that if congressional republicans fail to approve legislation to pay america's bills on time, everything from social security checks to veterans benefits could be delayed. >> last time they flirted with this delay our aaa credit rating was downgraded. our business have created the fewest jobs of any month in the past three years. and ironically the whole fiasco actually haded to the deaf...
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Jan 6, 2013
01/13
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the president is non-negotiable, he wants to raise the debt ceiling. you have conservatives in congress saying we're not afraid to let the government shut down. they're starting on the opposite sides of the court and they'll move towards the center, if there's a deal. >> the president says he's willing to talk about more spending cuts as we discussed. not only the debt ceiling but also the sequestration, which is still on the table. that was pushed two months down the road and has to be dealt with but the president says he's not going to talk about that without discussions on more revenue, perhaps more tax hikes. is that on top of the ones with the fiscal cliff deal? >> when you borrow money and raise offsets. the president made it clear he wants that to come from revenue. the next thing they need to look at is spending cuts and congress is going to push for that. especially given the president got pretty close to what he wanted in the last fiscal cliff fight. it's going to be hard to ask for more for taxes getting raised. >> i remember george w. bush
the president is non-negotiable, he wants to raise the debt ceiling. you have conservatives in congress saying we're not afraid to let the government shut down. they're starting on the opposite sides of the court and they'll move towards the center, if there's a deal. >> the president says he's willing to talk about more spending cuts as we discussed. not only the debt ceiling but also the sequestration, which is still on the table. that was pushed two months down the road and has to be...
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Oct 14, 2013
10/13
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whether or not we raise a debt ceiling. you have a proposal to raise it for six weeks, a proposal to raise it to the end of january, and you have a third one where it takes it to the end of the year. second, you have a group that wants to push it out to the end of january and another group wants to push it out for a few months later. when we look back we're going to wonder how on earth could the president and others not come to some agreement when you have plausible, attainable kind of goals in front of us. two, the economy is ready to take off. you saw last week the market exploded. the biggest single gain the day of the year once it looked like a deal was within reach. last week reports demonstrated that america is now the number one interview produced in the world, about to take russia in natural gas and petroleum products, which means higher paying jobs. americans want to work. they want to get beyond this moment. it seems for those who are outside of this, and i'm not as close to washington as i was before, a deal is w
whether or not we raise a debt ceiling. you have a proposal to raise it for six weeks, a proposal to raise it to the end of january, and you have a third one where it takes it to the end of the year. second, you have a group that wants to push it out to the end of january and another group wants to push it out for a few months later. when we look back we're going to wonder how on earth could the president and others not come to some agreement when you have plausible, attainable kind of goals in...
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Oct 13, 2013
10/13
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that's why we introduced the idea of having to raise the debt ceiling. does the president bear responsibility? you are a democrat, you work for him, but out of government you can take a step back. does he also bear responsibility by playing around with default by pushing it this far? >> i've been 3,000 miles from washington. i have to tell you, the american people are angry, they're frustrated, they're mad. they think that this town has gone nuts in the way they're dealing with it, and i think both sides will bear some responsibility for that. but i think the president has also indicated he's willing to negotiate on the key issues. the republicans want to negotiate on the key issues. for goodness sakes, that's where this ball game has to wind up. it has to wind up in the broader discussion about how do you reduce the deficit, how do you end this crazy sequester? because the fact is we are paying a heavy price right now for what is happening to this country. america is being weakened, and that's the last thing that ought to happen. members swear an oath t
that's why we introduced the idea of having to raise the debt ceiling. does the president bear responsibility? you are a democrat, you work for him, but out of government you can take a step back. does he also bear responsibility by playing around with default by pushing it this far? >> i've been 3,000 miles from washington. i have to tell you, the american people are angry, they're frustrated, they're mad. they think that this town has gone nuts in the way they're dealing with it, and i...
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Jan 15, 2013
01/13
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the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what the debt ceiling was. she blamed lawmakers. >> i believe honestly they make things purposely confuse to go do whatever they want. >>reporter: so if the president wants to turn up the heat on house republicans he has to make the issue clear and as bruce explains, republicans need to decide if they really want to stand their ground on this issue at the risk of economic down tivrnlt i think a lot has to do yes tea party you want to make a case is this the time to do it and right way to do it. that i think is boehner responsibility to explain that to his caucus members. my unitsing that's what he's planning to do over the next couple days. >>reporter: tea party express issued a statement saying it's completely irresponsible for the president of the united states to demagog this issue. the president will have big opportunity to speak to the nation on this if he chooses t t
the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what the debt ceiling was. she blamed lawmakers. >> i believe honestly they make things purposely confuse to go do whatever they want. >>reporter: so if the president wants to turn up the heat on house republicans he has to make the issue clear and as bruce explains, republicans need to decide...
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Oct 15, 2013
10/13
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good morning, sir. >> let's raise that debt ceiling. welcome back. and now let's start with jimmy kimmel who noticed something a little strange after the bears/giants game last week. >> bears running back matt forte spoke to reporters in the locker room after the game. keep an eye on rich king in the background. >> between time of possession and not having to -- did a freight job finding open receivers. you want to win all your home games. hard to win on the road. so getting a win tonight was critically important. >> get that man a chapstick, will you? i don't know what he was doing, but mrs. king is a very lucky woman. >> well, sometimes it's vampires, but apparently zombies are hot enough to make a show about them the most watched show on television. more than 16 million people tuned into walk the walking dead's season four premiere. even beat out sunday night football. and remember, this show is on amc. they just keep cranking it out. entertainment weekly reports viewer ship is up 30% from the show's previous high. now, who is behind what many con
good morning, sir. >> let's raise that debt ceiling. welcome back. and now let's start with jimmy kimmel who noticed something a little strange after the bears/giants game last week. >> bears running back matt forte spoke to reporters in the locker room after the game. keep an eye on rich king in the background. >> between time of possession and not having to -- did a freight job finding open receivers. you want to win all your home games. hard to win on the road. so getting a...
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Jan 24, 2013
01/13
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not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we can do with a little bit. we can raise taxes on high-income households a little bit more and we don't have to make fundamental cuts in entitlements. i think that's wrong. i think we have to make substantial cuts in entitlements. we should make substantial cuts in many other components of expenditure as well, defense and nondefense in that trying to address our long term fiscal situation with higher taxes is is going to destroy the economy. gerri: democrats are beating the drum on this already. anyone you listen to from that side of the house is really talking about higher taxes. republicans and conservatives in general like to talk about the power of economic growth. could robust growth that a l
not going to keep raising the debt ceiling at indicating that there will be steep cuts said. what is the chance of that? >> well, i hope the is right, but i fear he is wrong. i think that the current mood of the country is more sympathetic to the president and the democrats' perspective, which is that we don't really have a serious spending problem. we have a minor spending problem we can do with a little bit. we can raise taxes on high-income households a little bit more and we don't...
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Jan 22, 2013
01/13
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ceiling raising the debt ceiling would really only last until spring. still sort of a piecemeal approach while both sides say they want to do more comprehensive approach similar to what the president laid out but haven't worked out details. >> we'll find out if pressuring their pocketbooks will help out here. the question for you here, why is the vote set for tomorrow and what group do you see most under pressure? >> reporter: they need to deal with this quickly. the treasury department said unless we borrow more money come mid february we won't be able to pay bills. the house has to vote on it. senate has to vote on it. work out kinks and get it to the president's desk before that time and it's coming up in a few weeks. in terms of who is under the most pressure here, democrats or republicans, the republican party sort of relented in what they were going to originally do with the debt ceiling. it looks like they may be feeling some of the pressure. public according to the polls that we've seen is fed up with washington in general. >> nothing short of a
ceiling raising the debt ceiling would really only last until spring. still sort of a piecemeal approach while both sides say they want to do more comprehensive approach similar to what the president laid out but haven't worked out details. >> we'll find out if pressuring their pocketbooks will help out here. the question for you here, why is the vote set for tomorrow and what group do you see most under pressure? >> reporter: they need to deal with this quickly. the treasury...
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Jan 19, 2013
01/13
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and the crisis averted in washington over the debt ceiling standoff, at least for now. house republicans expected to vote on wednesday, to raise the debt limit for another three months. the g.o.p. says the move would give both chambers of congress time to pass a federal budget. if one isn't passed they'll try to prevent members of congress from getting paid. i'm jamie colby, i'll send you back to cavuto on business. see new 30 minutes. >> well, doctor, doctor, give me the news, and a private efficacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown out of the industry immediately and taking-- i'm trying to take it seriously. it's so stupid it's unbelievable. i'm going to pass this to adam. >>
and the crisis averted in washington over the debt ceiling standoff, at least for now. house republicans expected to vote on wednesday, to raise the debt limit for another three months. the g.o.p. says the move would give both chambers of congress time to pass a federal budget. if one isn't passed they'll try to prevent members of congress from getting paid. i'm jamie colby, i'll send you back to cavuto on business. see new 30 minutes. >> well, doctor, doctor, give me the news, and a...
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Jan 18, 2013
01/13
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ceiling. >> we've always raised the debt ceiling. we should pay our bills as the president said, we're not a dead-bet country. i'm glad they finally saw the light. we need to pay our bills and move forward. there is a stronghold of 75 republican tea party members who quite frankly do listen to the tea party in many ways, and hopefully this is a signal that they too need to understand that this should not be an issue. it should not be held honestly. hostage. we should raise the debt ceiling. that's an automatic. we should move forward and talk about how we create jobs. by creating jobs we reduce the deficit. >> jennifer: i'm take taking it as an encouraging sign that the tea party can be moved by public voices. if they can be moved on the debt ceiling of all things, maybe they could be moved on guns. you wrote in the "huffington post," advocating reducing defense spending so you can spend more money and invest in the united states. the question is in the negotiations in congress over the spending do you see that happening? >> we've go
ceiling. >> we've always raised the debt ceiling. we should pay our bills as the president said, we're not a dead-bet country. i'm glad they finally saw the light. we need to pay our bills and move forward. there is a stronghold of 75 republican tea party members who quite frankly do listen to the tea party in many ways, and hopefully this is a signal that they too need to understand that this should not be an issue. it should not be held honestly. hostage. we should raise the debt...
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Feb 5, 2013
02/13
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that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [ laughter ] >> but they are limited by the appropriations process and house and senate under the constitution have the power of the purse. he is not supposed to spend important. having said that, you are right. it's a huge problem. we should not extend the debt limit again. what is coming up, it may be four to six months unless there are legally spending cuts. i proposed that legislation. it got a lot of votes on the floor but it's simple idea. reduction of spending for every dollar increase in debt limit and you get to balanced budget over ten years if you do that. >> greta: breaking news, it's an important topic.
that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [...
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Jan 24, 2013
01/13
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. >>> the republican house the bill temporarily raises the debt ceiling until may. law americas won't get paid if they fail to pass a budget. >> american families have to do a budget. they understand you can't continue to spend money you don't have. we are committed to doing a budget on the house side that will balance over the neck ten years as time for the senate and president to show the american people how they are willing to balance a budget ore the next ten years. >> the democratic controlled senate is expect to do approve the debt bill. it has not pass add budget in four years. >> phil mickelson wasn't talking about his guolf game. he was teeing off over another apology about his tax comments. >> i have made some dumb, dumb mistakes and obviously talking about this stuff is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum that i have as a professional golfer to try to ignite change. >> mickelson hinted earlier this week he may leave california or the united states because of how much he's paying in taxes. calif
. >>> the republican house the bill temporarily raises the debt ceiling until may. law americas won't get paid if they fail to pass a budget. >> american families have to do a budget. they understand you can't continue to spend money you don't have. we are committed to doing a budget on the house side that will balance over the neck ten years as time for the senate and president to show the american people how they are willing to balance a budget ore the next ten years. >>...
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democrats saying they want to raise as much as $1 trillion in new revenue as we near the debt ceiling. the prospect of sequester cuts obviously facing us. the export -- expiration of funding. joining us now, republican strategist and a former political director, former fox news contributor. good to have you here. he says there is not a problem with israel or his record on iran. he is a good fellow ready to do a good job. >> i was struck by the president's language in nominating him, saying that he represents bipartisanship. of course, what the president means is he is a republican agrees with me. the problem is, he has no support among republicans, and i think a lot of democrats will be troubled by some of the things as the said. he is going to have to put up the good fight for himself to when this. lou: are you surprised. the newly elected senator from the grace to the texas who is sort of out there even ahead of the other senator from texas, john corning, just running away with this nomination. >> he is a very effective guy. he beat the establishment candidate in texas. a tremendous
democrats saying they want to raise as much as $1 trillion in new revenue as we near the debt ceiling. the prospect of sequester cuts obviously facing us. the export -- expiration of funding. joining us now, republican strategist and a former political director, former fox news contributor. good to have you here. he says there is not a problem with israel or his record on iran. he is a good fellow ready to do a good job. >> i was struck by the president's language in nominating him,...
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Oct 4, 2013
10/13
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CNNW
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it will be a whole lot worse if the debt ceiling isn't raised. >> it's image and substance. from an image perspective, it's disastrous. this is not just superficial. it's about soft power. when you are trying to market the u.s. system as a model around the world, this does not look good. the state department was even reading some of these headlines in the briefing today, we found some of our own in spain. politics of hate are pushing the u.s. to the brink of economic collapse. a russian state newspaper, the elephants are robbing the u.s. government. elephants, of course, republican party. my favorite in france, jefferson, wake up, they have gone crazy. but there is substance here as well. the president was going to go to asia in part to sell a new free trade agreement for the region, a priority in the second term. it's not going to happen. john kerry, capable diplomat but the countries will notice the president is not there. on iran sanctions, the treasury department says they don't have the teams in place to monitor these sanctions. also, the pivot to asia, this was another
it will be a whole lot worse if the debt ceiling isn't raised. >> it's image and substance. from an image perspective, it's disastrous. this is not just superficial. it's about soft power. when you are trying to market the u.s. system as a model around the world, this does not look good. the state department was even reading some of these headlines in the briefing today, we found some of our own in spain. politics of hate are pushing the u.s. to the brink of economic collapse. a russian...
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Mar 14, 2013
03/13
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the white house wants to pass a budget for next year and raise the debt ceiling but during an interview with abc he said the u.s. doesn't have an immediate debt crisis. >> have an immediate crisis in terms of debt. in fact for the next ten years it will be in a sustainable place. >> that is a startling different stance than we heard from the president during his 2008 campaign. >>> number 43 added $4 trillion by his loan some so we have over $9 trillion of debt that we are going to have to pay back. 30,000 dollars for every man, woman and child. that's irresponsible. it's unpatriotic. >> republicans kararen't takinge comments likely. they approved paul ryan's blue print plan that would balance a budget in a decade with $4.6 trillion worth of cuts. the house will consider it on the floor next week. republicans say the debt needs to be handled with more urgency. >> my view is, i think he and many like him, many democrats on capitol hill for that matter don't think of this as a debt crisis because things haven't imploded yet. it's not a question of if it's a question of when. >> on wednesda
the white house wants to pass a budget for next year and raise the debt ceiling but during an interview with abc he said the u.s. doesn't have an immediate debt crisis. >> have an immediate crisis in terms of debt. in fact for the next ten years it will be in a sustainable place. >> that is a startling different stance than we heard from the president during his 2008 campaign. >>> number 43 added $4 trillion by his loan some so we have over $9 trillion of debt that we are...
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Jan 7, 2013
01/13
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speaker boehner said we talked about raising the debt ceiling and we want an equal or greater offset in taxes or other cuts. equal or greater offset rather in spending cuts. mitch mcconnell. let's listen to what he said. >> now, that he has the tax rates he wants his calls for balance means he needs to join us in the effort to achieve meaningful spending reform. the president may not want to have this debate but it is the one he is going have because the country needs it. >> does the country need this debate? two years ago we went from 14 to $16 trillion debt ceiling and everybody said how horrible that was. now, we are talking about going from 16 to 18 trillion and that only takes us through 2014 at which point we will be talking about going to $20 trillion. a lot of people are rightly asking i think when does this stop. >> when does the madness stop. the country not only needs the debate. we need to solve the problem. what you will see from the house is we will put forward a plan that says if you want to increase the borrowing authority of this country here is a mean you of options
speaker boehner said we talked about raising the debt ceiling and we want an equal or greater offset in taxes or other cuts. equal or greater offset rather in spending cuts. mitch mcconnell. let's listen to what he said. >> now, that he has the tax rates he wants his calls for balance means he needs to join us in the effort to achieve meaningful spending reform. the president may not want to have this debate but it is the one he is going have because the country needs it. >> does...
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Jan 31, 2013
01/13
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washington appears poised to resolve the debt ceiling crisis at least temporarily. a very important caveat here. the senate is expected to pass the measure to raise the limit on our federal borrowing but only raise it until may. chief political correspondent carl cameron is live from washington. so carl, may is my birthday but beyond that i have no reason why may is the date. what is the fine print here in all of this? >> reporter: the title of it is called the no budget, no pay bill. that is sort of contingent string attached to this. over all extends enforcement the of current debt ceiling through mid-may. but at that point it retroactively goes up and the bipartisan policy center says the increase will be $450 billion. call it about half a trillion so the new total will end up being around 17 trillion in federal debt, as of mid-may. that string attached to the no budget-no pay provision. house republicans who have passed budgets during the first obama term inserted this into the legislation, essentially to pressure senate democrats to pass budgets. they have not
washington appears poised to resolve the debt ceiling crisis at least temporarily. a very important caveat here. the senate is expected to pass the measure to raise the limit on our federal borrowing but only raise it until may. chief political correspondent carl cameron is live from washington. so carl, may is my birthday but beyond that i have no reason why may is the date. what is the fine print here in all of this? >> reporter: the title of it is called the no budget, no pay bill....
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Jan 8, 2013
01/13
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during the last debt ceiling battle, lew clashed with the g.o.p. now he'll face some of those same lawmakers could be a very tough confirmation battle. what did the white house press second say about this. >> jack lew is the chief of staffed has served in a critical role for on this administration as director of the office of management and budget. a well known figure both here at the white house and throughout washington for the past four years. for more, here is jay carney. >> i would simply say that the president is obviously engaged in a process that will lead to decisions on who should fill posted or vacant. as was in the case this week with the defense department and c.i.a. and prior to that the state department, he will make announcements when he has made a decision. >> that would be press secretary 101, do not get out ahead of the president of the united states but all sources say jack lew will be named treasury-secretary. >> shep: what are they saying about the past clashes with lew and process in general? >> i talked to jeff sessions mome
during the last debt ceiling battle, lew clashed with the g.o.p. now he'll face some of those same lawmakers could be a very tough confirmation battle. what did the white house press second say about this. >> jack lew is the chief of staffed has served in a critical role for on this administration as director of the office of management and budget. a well known figure both here at the white house and throughout washington for the past four years. for more, here is jay carney. >> i...
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Oct 13, 2013
10/13
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and we raise the debt ceiling. and we do it yesterday. >> right. >> that's what we should do. >> you know, actually, to that point, let's talk about sort of the business community and wall street and kind of, i mean, certainly if going into tonight it seems as though there is a chance for a compromise, i expect that will soothe the markets as they open tomorrow. at the same time, consumer confidence is quite an issue. i just want to play a little something for you on that. and get your reaction. >> okay. >> members swear an oath to protect and defend the constitution against all enemies foreign and domestic. what they're doing by the shutdown, by this threat on the debt limit, is weakening america and sending a message to the world that the united states can't govern. >> i mean, you know, you also had christine lagarde, head of the world bank this morning, saying -- or the imf, saying this is going to be catastrophic. there really are bigger, broader consequences. they go from main street to people that we know to
and we raise the debt ceiling. and we do it yesterday. >> right. >> that's what we should do. >> you know, actually, to that point, let's talk about sort of the business community and wall street and kind of, i mean, certainly if going into tonight it seems as though there is a chance for a compromise, i expect that will soothe the markets as they open tomorrow. at the same time, consumer confidence is quite an issue. i just want to play a little something for you on that. and...
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Jan 14, 2013
01/13
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raising the debt ceiling does not authorize more spending. it aallows the -- it allows the country to pay for spending that congress has already attended to. these are bills that we need to pay. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with congress about whether or not they should pay the bills they've already racked up. if congress am republicans refuse to pay america's bills on time, social security and veterans benefits will be delayed. we might not be able to pay our troops, small business owners, food inspectors, air traffic controllers, specialists who track down loose nuclear materials wouldn't get their paychecks. investors around the world will ask if the united states of america is, in fact, a safe bet. markets could go haywire, interest rates would spike for everybody who borrows money, every homeowner, every student with a college loan. it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession
raising the debt ceiling does not authorize more spending. it aallows the -- it allows the country to pay for spending that congress has already attended to. these are bills that we need to pay. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with congress about whether or not they should pay the bills they've already racked up. if congress am republicans refuse to pay america's bills on time, social security and...
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Jan 13, 2013
01/13
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that would allow continued spending in the absence of a vote to raise the debt ceiling. >>> back in action, the nhl lockout is officially over. when the players will be hitting the ice again. welcome se my lcret d you are?air.an your worst nightmare mr. box. since you foolishly brought back your bonus jack! i have copied your two pure beef patties, lettuce, melting cheese, pickles, and middle bun, plus fries and a drink for $4.49. and now you will tell me what is in your secret sauce!! uh, i think i know. "we all know," "pretty obvious." you couldn't tell me when i handed out the wiener-dog lasers!?! u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options
that would allow continued spending in the absence of a vote to raise the debt ceiling. >>> back in action, the nhl lockout is officially over. when the players will be hitting the ice again. welcome se my lcret d you are?air.an your worst nightmare mr. box. since you foolishly brought back your bonus jack! i have copied your two pure beef patties, lettuce, melting cheese, pickles, and middle bun, plus fries and a drink for $4.49. and now you will tell me what is in your secret sauce!!...
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Jan 22, 2013
01/13
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there's a vote scheduled in the house tomorrow that would allow us to raise the debt ceiling. republicans said they didn't want to do that without cutting back spending. the president didn't want the two linked and republicans apparently have relinquished that threat and pushed for the raising the debt ceiling temporarily into the spring to pay bills. they also say if either chamber doesn't come up with a permanent budget, that chamber, either the house or senate, the lawmakers won't get paid. we'll see how that vote goes later today. the president laid out a number of things including climate change, gay rights, health care immigration, and it remains to be seen how much of that they will be able to tackle in the second term. >> he better eat his wheaties. time to get done. thank you very much. >>> happening now, fire crews are battling to contain a fire at beale air force base about 50 miles north of sacramento. the fire has been burning for hours. this is what it looked like just last night. firefighters say they now have the fire about 75% contained. it broke out about 2:3
there's a vote scheduled in the house tomorrow that would allow us to raise the debt ceiling. republicans said they didn't want to do that without cutting back spending. the president didn't want the two linked and republicans apparently have relinquished that threat and pushed for the raising the debt ceiling temporarily into the spring to pay bills. they also say if either chamber doesn't come up with a permanent budget, that chamber, either the house or senate, the lawmakers won't get paid....
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Feb 27, 2013
02/13
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it was only done because the republicans refused to raise the debt ceiling. the mandatory cuts that are damaging our economy when we can least afford it and shut off the sequester and move forward with funding the government appropriately and making the long-term decisions needed. >> doesn't look like we will shut it out. friday you have this meeting after the deadline. what needs to be the first thing you believe the president should put on the table? >> here's the two-steps. get the big deal on taxes and mandatory spending. if you can't get that, let's stop sequester and torturing the portion of the budget thinking that will force us to act on the bigger budget deal. obviously that is not working. let's get a deal on spending. i introduced a bill today that would get rid of sequester and lock in place further cuts in spending and over the course of the next ten years in a lot less, about a third of what's done. get the portion fixed and let's start passing appropriations bills. let's stop lurching from crisis to crisis. if you can't get the big deal, that's
it was only done because the republicans refused to raise the debt ceiling. the mandatory cuts that are damaging our economy when we can least afford it and shut off the sequester and move forward with funding the government appropriately and making the long-term decisions needed. >> doesn't look like we will shut it out. friday you have this meeting after the deadline. what needs to be the first thing you believe the president should put on the table? >> here's the two-steps. get...
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Jan 15, 2013
01/13
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KQED
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president obama tells congress we're not a deadbeat nation, and they need to raise the debt ceiling now, so we can pay our bills on time. >> tom: i'm tom hudson. a sour day for apple investors. the stock tumbles to 11 month lows on new worries about waning demand for the iphone 5. >> susie: but a banner day for g.m., the cadillac ats takes car of the year at the big auto show in detroit, and its new corvette stingray wows gear heads around the globe. >> tom: that and more tonight on "n.b.r."! >> susie: the next big fight in washington has begun. president obama today called on republican lawmakers to authorize an increase in the nations debt limit, saying that messing with it could potentially have catastrophic results for many americans and the overall economy. he warned markets would go haywire if congress does not
president obama tells congress we're not a deadbeat nation, and they need to raise the debt ceiling now, so we can pay our bills on time. >> tom: i'm tom hudson. a sour day for apple investors. the stock tumbles to 11 month lows on new worries about waning demand for the iphone 5. >> susie: but a banner day for g.m., the cadillac ats takes car of the year at the big auto show in detroit, and its new corvette stingray wows gear heads around the globe. >> tom: that and more...
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Jan 15, 2013
01/13
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the debt ceiling or raise the debt ceiling themselves there's no simpler ready solution other than that, that have some people believing he's telegraphing, i'm telling you, it's simplest for you to do it, but i'm willing to do the more complicated route. >> i'm not sure that's right. i think a lot of people are on the left, including nancy pelosi who are wanting-- or invoking the 14th amendment and they're looking at cues he might do that. and i think the cues saying he won't are stronger, jay carney said from the podium, the 14th moment saying it won't work. >> megyn: and telling our viewers, that the democrats, some believe that's a unilateral way that the president could bypass authority that is clearly with the congress, the congress is the only one allowed to raise the debt limit and the president could have some constitutional requirement to do it. >> you're he the lawyer, but my reading of the 14th amendment is that congress shall do this. >> megyn: even the president said i talked to my lawyers about that one and they didn't think it was a good idea. >> right, the president can'
the debt ceiling or raise the debt ceiling themselves there's no simpler ready solution other than that, that have some people believing he's telegraphing, i'm telling you, it's simplest for you to do it, but i'm willing to do the more complicated route. >> i'm not sure that's right. i think a lot of people are on the left, including nancy pelosi who are wanting-- or invoking the 14th amendment and they're looking at cues he might do that. and i think the cues saying he won't are...
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Oct 17, 2013
10/13
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CSPAN2
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and we all call on the congress to raise the debt ceiling and avoid this default. we urge congress to put an end to this hostile climate of uncertainty and brinksmanship. it is time to move our country forward, not to jeopardize the hard work and the progress that we have all made together. at the end of the day, the elected leaders have a stake in preserving our free market economy and american way of life. negotiations with a motivated by profit or politics achieve the highest possible success when we recognize that cooperation works much better than conflict and that solidarity will always out last isolation and that our differences do not outweigh our common interest. thank you very much. >> next we will hear from ian kramer of its executive leaders engaged on alzheimer's disease. >> thank you for the opportunity to be here today. this is not a happy day. this is a day that we all sidey and relief that the circular firing squad said ready, aim and then held its breath and this crisis is not over. all it is is delayed so the guns are still pointed. and the real
and we all call on the congress to raise the debt ceiling and avoid this default. we urge congress to put an end to this hostile climate of uncertainty and brinksmanship. it is time to move our country forward, not to jeopardize the hard work and the progress that we have all made together. at the end of the day, the elected leaders have a stake in preserving our free market economy and american way of life. negotiations with a motivated by profit or politics achieve the highest possible...
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Jan 14, 2013
01/13
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KQED
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now i think it's virtually impossible that speaker john boehner will raise the debt ceiling without commensurate spending cuts. he's way too far out on a limb on that prospect. so it's going to be one of these huge battles its going to be something where one side has to blink first or the issues have to kind of meld together in a way that speaker boehner or president obama has a fig leaf in order to get this done. >> woodruff: jake, what about the president's argument today? he said this several times. he said this is not about we're doing the debt ceiling in order to authorize more spending. he said it is about congress paying off the bills that it's already incurred. >> that argument is the same one that white house used in 2011. it didn't sit well with house republicans then. they've been saying for years whatever the reality is at the white house and whatever the president tries to say they've been saying for years that the nation has a spending problem not a taxation problem. it's very difficult for them to reverse that. they see this as the popular option. one of their internal polls showe
now i think it's virtually impossible that speaker john boehner will raise the debt ceiling without commensurate spending cuts. he's way too far out on a limb on that prospect. so it's going to be one of these huge battles its going to be something where one side has to blink first or the issues have to kind of meld together in a way that speaker boehner or president obama has a fig leaf in order to get this done. >> woodruff: jake, what about the president's argument today? he said this...
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Jan 18, 2013
01/13
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FOXNEWS
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what ryan is suggesting is you just delay, you extend the debt ceiling for a few months and then you have the night oversee questions tracing, because there's already a hundred billion dollars in spending cuts that's baked in the cake that will take effect on march 1st. that's the point at which you say to the president if you're the republicans, look, we can either go with that hundred billion dolla dollar cut or work something else but we're going to cut a lot of money out of the budget. bill: can that idea move forward do you think. >> it makes a lot more sense. the republicans have a lot more leverage there and they don't run the risk and the president can't portray them at that point as being willing to default on the full faith and credit of the united states and sink the economy, and have credit ratings dropped and things like that. this is in a sense it's a flip of what happened with the fiscal cliff where one way or another taxes were going to go up on the rich was the bush tax cuts were going to expire. here there are going to be spending cuts that kick in on march 1st, so
what ryan is suggesting is you just delay, you extend the debt ceiling for a few months and then you have the night oversee questions tracing, because there's already a hundred billion dollars in spending cuts that's baked in the cake that will take effect on march 1st. that's the point at which you say to the president if you're the republicans, look, we can either go with that hundred billion dolla dollar cut or work something else but we're going to cut a lot of money out of the budget....
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Jan 5, 2013
01/13
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over raising the debt ceiling. joining us now is wendall goler, hope you holding okay. talk to the president and what he is going to be greeted with. >> reporter: he a used his weekly address to warn republicans not to use the debate over raising the nation's debt ceiling to try and force government spending cuts but even as former budget director say that republicans are more likely to have more leverage. the problem is the president sees it threatening to not paying bills could raise the cost of borrowing money and a genuine u.s. government default could trigger a global recession. >> congress refuses to give the united states the ability to pay its bills on time, consequences could be catastrophic. last time coming threatened this course of action, our entire economy suffered for it. our families and businesses cannot afford that dangerous game again. >> reporter: congressional budget office passed a bill to avoid the fiscal cliff still leaves $900 billion a year in deficits. republicans say by raising taxes on the wealthy they have ended the revenue debate but presi
over raising the debt ceiling. joining us now is wendall goler, hope you holding okay. talk to the president and what he is going to be greeted with. >> reporter: he a used his weekly address to warn republicans not to use the debate over raising the nation's debt ceiling to try and force government spending cuts but even as former budget director say that republicans are more likely to have more leverage. the problem is the president sees it threatening to not paying bills could raise...
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Feb 14, 2013
02/13
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CSPAN2
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the amount we raised the debt ceiling. you get to spend that money now, and it was spent in 18 months. we already hit the debt ceiling again. we would raise this debt ceiling $2.1 trillion, and an agreement was reached to reduce spending over the next ten years by $2.1 trillion. so that was then. the president signed that. the democratic leader in the senate agreed to that. the speaker of the house, the republican, agreed to that. that became the law. well, we were on path at that time -- and these are numbers that we live with every day. i'm the ranking republican on the budget committee, and it's just a constant item in our face out there. we were then spending $3.7 trillion a year. if you extend that for ten years, you would spend $37 trillion over ten years. but the budget was expected to grow. it was expected to grow to $47 trillion. so at the end of that time, we would have increased spending by $10 trillion almost. this deal would have said that we wouldn't spend $47 trillion but $45 trillion, thereby reducing the i
the amount we raised the debt ceiling. you get to spend that money now, and it was spent in 18 months. we already hit the debt ceiling again. we would raise this debt ceiling $2.1 trillion, and an agreement was reached to reduce spending over the next ten years by $2.1 trillion. so that was then. the president signed that. the democratic leader in the senate agreed to that. the speaker of the house, the republican, agreed to that. that became the law. well, we were on path at that time -- and...
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Jan 15, 2013
01/13
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KRCB
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the nation's debt ceiling. good evening. i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the newshour tonight, we'll examine what the president said about tackling the government deficit and reducing gun violence. >> brown: then, we turn to the west african nation of mali, where french troops have launched air strikes on islamic militants. three jihaddist groups now deemed a clear and present danger to the capital and beyond, a threat to africa and europe. >> woodruff: margaret warner has the story of the suicide of a young internet wizard who was facing federal charges for hacking and distributing online data he thought should be made public. >> brown: ray suarez updates the changes in cuba, where travel restrictions were eased today for citizens hoping to come and go. >> it is still one of the most repressive places in terms of its human rights record but we welcome any liberalization. we hope that will turn out to be one such. >> woodruff: and with rehearsals already under way for next week's inaug
the nation's debt ceiling. good evening. i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the newshour tonight, we'll examine what the president said about tackling the government deficit and reducing gun violence. >> brown: then, we turn to the west african nation of mali, where french troops have launched air strikes on islamic militants. three jihaddist groups now deemed a clear and present danger to the capital and beyond, a threat to africa and europe. >>...
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Jan 18, 2013
01/13
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MSNBCW
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the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing. >> and you are part of this no labels coalition wanting to reach across the aisle. but let me read to you what david brooks wrote. polarization is too deep, special interests are too strong. the negotiators are too rusty. republicans are not going to give up their vision of a low-tax america. democrats are not willing to change the current entitlement programs. so realistically, do you really believe that the next four years are going to be different than the last four years? >> well, you know, i don't have a prediction. i have a job. and my job is to try to solve
the budget they voted for requires the debt ceiling to be raised. and now when the time comes to avoid default, they don't want to do it. but i think what you're seeing is speaker boehner knows this isn't a viable tactic. i think mr. ryan knows it's not a viable tactic. but there's a lot in the republican conference that continue to see this doomsday kind of approach as a viable approach. and i think that cooler heads are starting to prevail on the republican side. and that's a good thing....